On 7 May 2018, the Luxembourg Tax Administration (LTA) published a circular (in French) setting out defensive measures in response to the EU list of non-cooperative tax jurisdictions (the list).

The circular implements new reporting requirements on Luxembourg Collective Undertakings (LCUs) which engage in transactions with related entities located in non-cooperative jurisdictions. LCUs would be required to report in their tax returns any transactions undertaken with related entities in non-cooperative jurisdictions. The information to be reported would include the total amount, income, and expenses related to the transaction. The LTA will use the applicable version of the EU list which is being continuously reviewed and updated.

For further information, please contact Paul Hale or Anvit Jain.